[Serenity: SK Hynix ADR Premium Over Korean Stock Exceeds 25%, Conversion Mechanism Opens on July 29] Serenity stated that SK Hynix ADRs are trading at a premium of over 25% compared to Korean domestic stocks. After the conversion mechanism opens on July 29, arbitrage trading may drive the price gap between the two markets to narrow. Currently, only about 2.5% of SK Hynix shares are circulating as ADRs, with approximately 22.5% of shares having potential for conversion in the future. Arbitrage funds may profit by purchasing Korean domestic stocks and converting them into ADRs, thereby impacting stock prices in both markets.